LEMAN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LEMAN HOLDING A/S
LEMAN HOLDING A/S (CVR number: 36700513K) is a company from GREVE. The company reported a net sales of 2857.5 mDKK in 2023, demonstrating a decline of -30.8 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -54.3 mDKK), while net earnings were -65.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LEMAN HOLDING A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 267.60 | 2 241.64 | 3 579.35 | 4 127.50 | 2 857.51 |
Gross profit | 403.57 | 357.90 | 493.47 | 586.73 | 433.54 |
EBIT | 19.75 | -9.37 | 63.62 | 89.29 | -54.30 |
Net earnings | 15.55 | -11.22 | 40.80 | 55.36 | -65.47 |
Shareholders equity total | 568.47 | 529.00 | 583.13 | 646.71 | 571.56 |
Balance sheet total (assets) | 911.84 | 950.25 | 1 204.65 | 1 301.78 | 1 124.11 |
Net debt | -82.34 | - 112.94 | -34.00 | - 119.50 | - 197.31 |
Profitability | |||||
EBIT-% | 0.9 % | -0.4 % | 1.8 % | 2.2 % | -1.9 % |
ROA | 2.7 % | -0.8 % | 6.0 % | 8.3 % | -3.9 % |
ROE | 2.8 % | -2.0 % | 7.3 % | 9.0 % | -10.7 % |
ROI | 4.0 % | -1.3 % | 10.1 % | 14.4 % | -6.5 % |
Economic value added (EVA) | -11.70 | -31.93 | 26.47 | 36.75 | -89.17 |
Solvency | |||||
Equity ratio | 62.3 % | 55.7 % | 48.4 % | 49.7 % | 50.8 % |
Gearing | 3.6 % | 4.3 % | 8.9 % | 12.2 % | 10.7 % |
Relative net indebtedness % | 8.7 % | 10.8 % | 13.7 % | 9.9 % | 8.9 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.5 | 1.7 | 1.6 |
Current ratio | 1.6 | 1.5 | 1.5 | 1.7 | 1.6 |
Cash and cash equivalents | 103.05 | 135.79 | 85.83 | 198.66 | 258.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.4 | 55.9 | 67.3 | 59.0 | 53.1 |
Net working capital % | 7.6 % | 7.9 % | 7.2 % | 8.6 % | 9.2 % |
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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